Payment Date: 04/25/00


          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               Mortgage Pass-Through Certificates, Series 1999-1
                     BANK OF AMERICA, FSB, MASTER SERVICER
          ------------------------------------------------------------



Class Information                                Current Payment Information

- ----------------------------------------------------------------------------------------------------------------------------------
                                 Beginning       Pass Thru     Principal       Interest      Total           Principal  Interest
Type       Class Code   Name     Cert. Bal.      Rate          Dist. Amt.      Dist. Amt.    Dist.           Losses     Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                             
Senior                  A-1       147,924,274.24    6.500000%     1,196,745.77    801,256.49    1,998,002.25       0.00       0.00
                        A-2        59,079,578.36    6.000000%       477,903.79    295,397.89      773,301.68       0.00       0.00
                        A-3        90,547,144.54    6.500000%       612,166.27    490,463.70    1,102,629.97       0.00       0.00
                        A-4                 0.00    6.250000%             0.00          0.00            0.00       0.00       0.00
                        A-5        24,340,894.87    6.250000%       166,828.39    126,775.49      293,603.89       0.00       0.00
                        A-6        17,672,005.61    6.628750%       119,475.95     97,619.42      217,095.37       0.00       0.00
                        A-7        17,672,005.61    1.871250%             0.00     27,557.28       27,557.28       0.00       0.00
                        A-8         7,068,000.00    6.500000%             0.00     38,285.00       38,285.00       0.00       0.00
                        A-9         3,556,666.00    6.400000%             0.00     18,968.89       18,968.89       0.00       0.00
                        A-10       17,755,000.00    6.500000%             0.00     96,172.92       96,172.92       0.00       0.00
                        A-11        4,843,000.00    6.500000%             0.00     26,232.92       26,232.92       0.00       0.00
                        A-12        2,183,000.00    6.500000%             0.00     11,824.58       11,824.58       0.00       0.00
                        A-13        1,136,000.00    6.500000%             0.00      6,153.33        6,153.33       0.00       0.00
                        A-14        1,578,000.00    6.500000%             0.00      8,547.50        8,547.50       0.00       0.00
                        A-15        1,868,444.00    6.500000%             0.00     10,120.74       10,120.74       0.00       0.00
                        A-16        2,000,000.00    6.500000%             0.00     10,833.33       10,833.33       0.00       0.00
                        A-17        1,000,000.00    7.000000%             0.00      5,833.33        5,833.33       0.00       0.00
                        A-18        1,625,000.00    7.128750%             0.00      9,653.52        9,653.52       0.00       0.00
                        A-19          375,000.00    3.775417%             0.00      1,179.82        1,179.82       0.00       0.00
                        A-20       45,419,048.30    6.400000%       296,662.12    242,234.92      538,897.04       0.00       0.00
                        A-21       23,565,812.62    7.000000%       142,743.02    137,467.24      280,210.26       0.00       0.00
                        A-22       11,608,445.00    6.000000%             0.00     58,042.22       58,042.22       0.00       0.00
                        A-23        3,200,334.00    6.250000%             0.00     16,668.41       16,668.41       0.00       0.00
                        A-24       60,000,000.00    6.500000%             0.00    325,000.00      325,000.00       0.00       0.00
                        A-PO        1,180,363.78    0.000000%         8,921.04          0.00        8,921.04       0.00       0.00
Residual                A-R                 0.00    6.500000%             0.00          0.00            0.00       0.00       0.00
                        A-LR                0.00    6.500000%             0.00          0.00            0.00       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate             B-1        12,754,861.76    6.500000%        11,878.52     69,088.83       80,967.35       0.00       0.00
                        B-2         4,449,370.84    6.500000%         4,143.67     24,100.76       28,244.43       0.00       0.00
                        B-3         2,076,373.72    6.500000%         1,933.71     11,247.02       13,180.74       0.00       0.00
                        B-4         2,076,373.72    6.500000%         1,933.71     11,247.02       13,180.74       0.00       0.00
                        B-5         1,186,499.55    6.500000%         1,104.98      6,426.87        7,531.85       0.00       0.00
                        B-6         1,186,605.94    6.500000%         1,105.08      6,427.45        7,532.53       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        553,256,096.87     -            3,043,546.02  2,990,826.91    6,034,372.93     -          -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information

- --------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
- --------------------------------------------------------------------------------
Senior                          A-1       146,727,528.47              0.00
                                A-2        58,601,674.57              0.00
                                A-3        89,934,978.27              0.00
                                A-4                 0.00              0.00
                                A-5        24,174,066.48              0.00
                                A-6        17,552,529.67              0.00
                                A-7        17,552,529.67              0.00
                                A-8         7,068,000.00              0.00
                                A-9         3,556,666.00              0.00
                                A-10       17,755,000.00              0.00
                                A-11        4,843,000.00              0.00
                                A-12        2,183,000.00              0.00
                                A-13        1,136,000.00              0.00
                                A-14        1,578,000.00              0.00
                                A-15        1,868,444.00              0.00
                                A-16        2,000,000.00              0.00
                                A-17        1,000,000.00              0.00
                                A-18        1,625,000.00              0.00
                                A-19          375,000.00              0.00
                                A-20       45,122,386.18              0.00
                                A-21       23,423,069.60              0.00
                                A-22       11,608,445.00              0.00
                                A-23        3,200,334.00              0.00
                                A-24       60,000,000.00              0.00
                                A-PO        1,171,442.74              0.00
Residual                        A-R                 0.00              0.00
                                A-LR                0.00              0.00
- --------------------------------------------------------------------------------
Subordinate                     B-1        12,742,983.25              0.00
                                B-2         4,445,227.17              0.00
                                B-3         2,074,440.01              0.00
                                B-4         2,074,440.01              0.00
                                B-5         1,185,394.57              0.00
                                B-6         1,185,500.87              0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals            -              -        550,212,550.85     -
- --------------------------------------------------------------------------------



                             Payment Date: 04/25/00


          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               Mortgage Pass-Through Certificates, Series 1999-1
                     BANK OF AMERICA, FSB, MASTER SERVICER
          ------------------------------------------------------------



Class Information                                Current Payment Information

                                                      Factors per $1,000

- ------------------------------------------------------------------------------------------------------------------------
                                   Beginning     Pass Thru    CUSIP       Principal     Interest    Ending Cert./
Type        Class Code    Name   Cert. Bal.(Face)  Rate       Numbers       Dist.         Dist.     Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
                                                                            
- ------------------------------------------------------------------------------------------------------------------------
Senior                     A-1   147,924,274.24     6.500000% 060506AA0     7.191809      4.815128    881.754816
                           A-2    59,079,578.36     6.000000% 060506AB8     7.190935      4.444801    881.769184
                           A-3    90,547,144.54     6.500000% 060506AC6     6.121663      4.904637    899.349783
                           A-4             0.00     6.250000% 060506AD4     0.000000      0.000000      0.000000
                           A-5    24,340,894.87     6.250000% 060506AE2     6.673136      5.071020    966.962659
                           A-6    17,672,005.61     6.628750% 060506AF9     6.121663      5.001787    899.349783
                           A-7    17,672,005.61     1.871250% 060506AG7     0.000000      1.411970    899.349783
                           A-8     7,068,000.00     6.500000% 060506AH5     0.000000      5.416667  1,000.000000
                           A-9     3,556,666.00     6.400000% 060506AJ1     0.000000      5.333333  1,000.000000
                           A-10   17,755,000.00     6.500000% 060506AK8     0.000000      5.416667  1,000.000000
                           A-11    4,843,000.00     6.500000% 060506AL6     0.000000      5.416667  1,000.000000
                           A-12    2,183,000.00     6.500000% 060506AM4     0.000000      5.416667  1,000.000000
                           A-13    1,136,000.00     6.500000% 060506AN2     0.000000      5.416667  1,000.000000
                           A-14    1,578,000.00     6.500000% 060506AP7     0.000000      5.416667  1,000.000000
                           A-15    1,868,444.00     6.500000% 060506AQ5     0.000000      5.416667  1,000.000000
                           A-16    2,000,000.00     6.500000% 060506AR3     0.000000      5.416667  1,000.000000
                           A-17    1,000,000.00     7.000000% 060506AS1     0.000000      5.833333  1,000.000000
                           A-18    1,625,000.00     7.128750% 060506AT9     0.000000      5.940625  1,000.000000
                           A-19      375,000.00     3.775417% 060506AU6     0.000000      3.146181  1,000.000000
                           A-20   45,419,048.30     6.400000% 060506AV4     5.933242      4.844698    902.447724
                           A-21   23,565,812.62     7.000000% 060506AW2     5.539116      5.334390    908.927807
                           A-22   11,608,445.00     6.000000% 060506AX0     0.000000      5.000000  1,000.000000
                           A-23    3,200,334.00     6.250000% 060506AY8     0.000000      5.208333  1,000.000000
                           A-24   60,000,000.00     6.500000% 060506AZ5     0.000000      5.416667  1,000.000000
                           A-PO    1,180,363.78     0.000000% 060506BA9     7.331072      0.000000    962.660064
Residual                   A-R             0.00     6.500000% 060506BB7     0.000000      0.000000      0.000000
                           A-LR            0.00     6.500000% 060506BC5     0.000000      0.000000      0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate                B-1    12,754,861.76     6.500000% 060506BD3     0.920686      5.354969    987.688887
                           B-2     4,449,370.84     6.500000% 060506BE1     0.920686      5.354969    987.688887
                           B-3     2,076,373.72     6.500000% 060506BF8     0.920686      5.354969    987.688887
                           B-4     2,076,373.72     6.500000% 060506BG6     0.920686      5.354969    987.688887
                           B-5     1,186,499.55     6.500000% 060506BH4     0.920686      5.354969    987.688887
                           B-6     1,186,605.94     6.500000% 060506BJ0     0.920686      5.354969    987.688887
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals       -             -     553,256,096.87       -            -           -             -           -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------





          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               Mortgage Pass-Through Certificates, Series 1999-1
                     BANK OF AMERICA, FSB, MASTER SERVICER
          ------------------------------------------------------------

- --------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
                                                             Total
                                                             -----
Aggregated stated principal balance  550,212,550.28   550,212,550.28
Aggregated loan count                          1665             1665
Aggregated average loan rate              7.068311%             7.07
Aggregated prepayment amount           2,528,186.88     2,528,186.88

- --------------------------------------------------------------------------------
                                FEES AND ADVANCES
- --------------------------------------------------------------------------------
                                                             Total
                                                             -----
Monthly master servicing fees            263,783.34       263,783.34
Monthly sub servicer fees                      0.00             0.00
Monthly trustee fees                       1,613.66         1,613.66


Aggregate advances                              N/A              N/A
Advances this periods                          0.00             0.00

- --------------------------------------------------------------------------------
                          LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------

                                                             Total
                                                             -----
Net realized losses (this period)              0.00             0.00
Cumulative losses (from Cut-Off)               0.00             0.00

Coverage Amounts                                             Total
- ----------------                                             -----
Bankruptcy                                     0.00             0.00
Fraud                                  6,000,845.77     6,000,845.77
Special Hazard                         5,532,560.96     5,532,560.96


                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           95.714655%           100.000000%            529,526,011.33
   -----------------------------------------------------------------------------
   Junior            4.285345%             0.000000%             23,707,985.87
   -----------------------------------------------------------------------------

- --------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
- ------                             ----------    ---------------------
30 to 59 days                           0                         0.00
60 to 89 days                           0                         0.00
90 or more                              1                   318,441.62
Foreclosure                             0                         0.00

Totals:                                 1                   318,441.62
- --------------------------------------------------------------------------------



- --------------------------------------------------------------------------------
                                REO INFORMATION
- --------------------------------------------------------------------------------
   REO Date        Loan Number     Ending Stated Balance          Book Value
   --------        -----------     ---------------------          ----------
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   Totals:                              0                            N/A

Current Total Outstanding Balance:                                      0.00
Current Total Outstanding Number of Loans:                                 0




- --------------------------------------------------------------------------------
                               OTHER INFORMATION
- --------------------------------------------------------------------------------
                                  Amount/Withdrawal     Total/Ending Bal.
                                  -----------------     -----------------
Available remittance amount            6,034,372.93          6,034,372.93
Principal remittance amount            3,043,546.02          3,043,546.02
Interest remittance amount             2,990,826.91          2,990,826.91